Andrew Schmitt's CommentsAndrew Schmitt's Comments RSS Syndication from SeekingAlpha.comhttp://seekingalpha.com/user/872/comments
Short Oclaro: It's Just A Matter Of Timehttp://seekingalpha.com/article/4007946-short-oclaro-just-matter-time?source=feed#comment-73237443
73237443It is clear from your article (and previous) you have little operating knowledge nor first hand experience or insight into what is going on. It was for this reason that your original article wasn't just mis-informed, but totally wrong. This article is equally wrong, and if you do end up top-ticking this stock it is luck, not skill, and luck is not a successful long-term strategy.

Let's not even talk about Clearfield.

Good luck, because that's what you are counting on. Even a stopped clock is right two times a day.]]>Sat, 24 Sep 2016 12:23:06 -0400It is clear from your article (and previous) you have little operating knowledge nor first hand experience or insight into what is going on. It was for this reason that your original article wasn't just mis-informed, but totally wrong. This article is equally wrong, and if you do end up top-ticking this stock it is luck, not skill, and luck is not a successful long-term strategy.

Let's not even talk about Clearfield.

Good luck, because that's what you are counting on. Even a stopped clock is right two times a day.]]>Clearfield: Nice Company, But About 1/3 As Nice As Investors Thinkhttp://seekingalpha.com/article/2007511-clearfield-nice-company-but-about-1-3-as-nice-as-investors-think?source=feed#comment-29768991
29768991In order to sell these "plastic parts" they must be reliable and failure free in floods, hurricanes, ice storms, and remain unmolested when 13 year olds decide to use them for target practice. This reliability leads to trust, trust that a vendor like CLFD builds with a carrier. This is not a business you just waltz into and claim legitimacy. No one wants to spend $20 instead of $30 per home on installs if it means the equipment doesn't have field reliability. It also needs to be easy to use by techs rolling around in trucks who are scarce and expensive to retrain.

So, there is a huge moat to this kind of business, it just isn't apparent to folks who don't understand it. It isn't an accident that this company has gross margins similar to companies like Finisar or Ciena, which do much "harder" things. That is a result of market pricing and it should be instructive to you.]]>Tue, 11 Feb 2014 16:01:12 -0500In order to sell these "plastic parts" they must be reliable and failure free in floods, hurricanes, ice storms, and remain unmolested when 13 year olds decide to use them for target practice. This reliability leads to trust, trust that a vendor like CLFD builds with a carrier. This is not a business you just waltz into and claim legitimacy. No one wants to spend $20 instead of $30 per home on installs if it means the equipment doesn't have field reliability. It also needs to be easy to use by techs rolling around in trucks who are scarce and expensive to retrain.

So, there is a huge moat to this kind of business, it just isn't apparent to folks who don't understand it. It isn't an accident that this company has gross margins similar to companies like Finisar or Ciena, which do much "harder" things. That is a result of market pricing and it should be instructive to you.]]>Clearfield: Nice Company, But About 1/3 As Nice As Investors Thinkhttp://seekingalpha.com/article/2007511-clearfield-nice-company-but-about-1-3-as-nice-as-investors-think?source=feed#comment-29745611
29745611If you are right then why do the insiders keep buying at these valuations? Who has more operational knowledge - you or them?

Good luck.]]>Tue, 11 Feb 2014 09:44:51 -0500If you are right then why do the insiders keep buying at these valuations? Who has more operational knowledge - you or them?

One thing not mentioned is the fact Occam has extensive experience (positive and negative) fulfilling business under the Dept. of Agriculture programs. Navigating these complex programs is a core competency for them and isn't something that can be quickly learned by competitors.]]>Fri, 13 Feb 2009 10:41:13 -0500Carriers will be selecting vendors not only on technical merit, but also their history working with the USDA rural broadband programs.

One thing not mentioned is the fact Occam has extensive experience (positive and negative) fulfilling business under the Dept. of Agriculture programs. Navigating these complex programs is a core competency for them and isn't something that can be quickly learned by competitors.]]>How 100 Gigabit Ethernet Markets Will Differ from 10http://seekingalpha.com/article/113619-how-100-gigabit-ethernet-markets-will-differ-from-10?source=feed#comment-348542
348542And the problem is that Cisco is 60-70% of the market, they use ASICs, and will always use ASICs for high volume applications so long as they are 60-70% of the market.]]>Wed, 07 Jan 2009 10:41:22 -0500And the problem is that Cisco is 60-70% of the market, they use ASICs, and will always use ASICs for high volume applications so long as they are 60-70% of the market.]]>Ciena Corp: No Longer A Value Playhttp://seekingalpha.com/article/96899-ciena-corp-no-longer-a-value-play?source=feed#comment-262379
262379Tue, 23 Sep 2008 09:47:38 -0400CIENA and Bookham: A Good Match?http://seekingalpha.com/article/96656-ciena-and-bookham-a-good-match?source=feed#comment-262294
262294Tue, 23 Sep 2008 08:37:09 -0400CIENA and Bookham: A Good Match?http://seekingalpha.com/article/96656-ciena-and-bookham-a-good-match?source=feed#comment-261258
261258The last thing an equipment company wants is an optical company.]]>Mon, 22 Sep 2008 08:48:40 -0400The last thing an equipment company wants is an optical company.]]>What Will It Take for Finisar to Reach the High End of Revenue Guidance?http://seekingalpha.com/article/85822-what-will-it-take-for-finisar-to-reach-the-high-end-of-revenue-guidance?source=feed#comment-210172
210172Sun, 20 Jul 2008 19:46:21 -0400What Will It Take for Finisar to Reach the High End of Revenue Guidance?http://seekingalpha.com/article/85822-what-will-it-take-for-finisar-to-reach-the-high-end-of-revenue-guidance?source=feed#comment-210169
210169Sun, 20 Jul 2008 19:43:36 -0400ADTRAN, Inc., Q1 2008 Earnings Call Transcripthttp://seekingalpha.com/article/72426-adtran-inc-q1-2008-earnings-call-transcript?source=feed#comment-151371
151371And as always, the transcripts are a great resource.]]>Tue, 15 Apr 2008 22:06:46 -0400And as always, the transcripts are a great resource.]]>Where Are Emcore's Commercial-Sized Orders?http://seekingalpha.com/article/72367-where-are-emcores-commercial-sized-orders?source=feed#comment-150976
150976"Jefferies & Company, Inc. research reports are disseminated and available primarily electronically, and, in some cases, in printed form. Electronic research is simultaneously available to all clients. This report or any portion hereof may not be reprinted, sold or redistributed without the written consent of Jefferies & Company, Inc."

Big mistake.]]>Tue, 15 Apr 2008 09:02:33 -0400"Jefferies & Company, Inc. research reports are disseminated and available primarily electronically, and, in some cases, in printed form. Electronic research is simultaneously available to all clients. This report or any portion hereof may not be reprinted, sold or redistributed without the written consent of Jefferies & Company, Inc."

Big mistake.]]>Durable Goods Report: Cautious Stance on Communications Equipmenthttp://seekingalpha.com/article/70378-durable-goods-report-cautious-stance-on-communications-equipment?source=feed#comment-133048
133048You could also look at it and conclude whenever the moving average of orders touches the shipment line, there is growth in shipments, which would imply GS made the wrong call.

Do you have a link to the data discussed?]]>Fri, 28 Mar 2008 12:37:25 -0400You could also look at it and conclude whenever the moving average of orders touches the shipment line, there is growth in shipments, which would imply GS made the wrong call.

Do you have a link to the data discussed?]]>Cisco CEO Chambers Sees 'Short Term' Weakness - How Does He Know?http://seekingalpha.com/article/63604-cisco-ceo-chambers-sees-short-term-weakness-how-does-he-know?source=feed#comment-115051
115051Thu, 07 Feb 2008 10:50:57 -0500A Tough Market Shouldn't Detract From Apple's Valuehttp://seekingalpha.com/article/61225-a-tough-market-shouldnt-detract-from-apples-value?source=feed#comment-112389
112389Wed, 23 Jan 2008 09:57:26 -0500Xilinx F3Q08 (Qtr End 12/31/07) Earnings Call Transcripthttp://seekingalpha.com/article/60637-xilinx-f3q08-qtr-end-12-31-07-earnings-call-transcript?source=feed#comment-111951
111951I know the goal is more pageviews but advertisers notice these things....]]>Mon, 21 Jan 2008 14:30:55 -0500I know the goal is more pageviews but advertisers notice these things....]]>CES 2008: My Opinion and Perspectivehttp://seekingalpha.com/article/60504-ces-2008-my-opinion-and-perspective?source=feed#comment-111075
111075Thu, 17 Jan 2008 10:26:04 -0500Ikanos Communications: How Big is The VDSL Market? (Part IV)http://seekingalpha.com/article/59901-ikanos-communications-how-big-is-the-vdsl-market-part-iv?source=feed#comment-110250
110250Mon, 14 Jan 2008 13:58:15 -0500Where Is The Real Opportunity To Benefit From Carrier Ethernet?http://seekingalpha.com/article/50349-where-is-the-real-opportunity-to-benefit-from-carrier-ethernet?source=feed#comment-99770
99770Thu, 25 Oct 2007 11:48:48 -0400iPhone Lockup and Apple's True Colorshttp://seekingalpha.com/article/48632-iphone-lockup-and-apples-true-colors?source=feed#comment-97356
97356It never fails to amaze me how followed Apple is.]]>Mon, 01 Oct 2007 17:52:08 -0400It never fails to amaze me how followed Apple is.]]>Still Time to Pull the Switch On Telecom Equipment?http://seekingalpha.com/article/44463-still-time-to-pull-the-switch-on-telecom-equipment?source=feed#comment-93709
93709Wed, 15 Aug 2007 10:39:59 -0400Notables From The PMC-Sierra Q207 Conference Callhttp://seekingalpha.com/article/41981-notables-from-the-pmc-sierra-q207-conference-call?source=feed#comment-92780
92780Fri, 03 Aug 2007 10:25:42 -0400Firsthand Experience of A Google Acquisitionhttp://seekingalpha.com/article/37344-firsthand-experience-of-a-google-acquisition?source=feed#comment-87741
87741... and who really gives a #@$%@#$% about Feedburner. $100M for an RSS engine is silly. Google got taken on this one.]]>Tue, 05 Jun 2007 10:29:26 -0400... and who really gives a #@$%@#$% about Feedburner. $100M for an RSS engine is silly. Google got taken on this one.]]>Semis With Highest, Lowest Production To Sales Ratiohttp://seekingalpha.com/article/37277-semis-with-highest-lowest-production-to-sales-ratio?source=feed#comment-87692
87692Big error here. The production effect and the impact on gross margin applies only to companies that own their fab. Fabless companies do not see Gross margin move as 2000 wafers from TSMC costs the same as 1500.

You need to remove all fabless revenue to make this a meaningful study.]]>Mon, 04 Jun 2007 17:19:39 -0400Big error here. The production effect and the impact on gross margin applies only to companies that own their fab. Fabless companies do not see Gross margin move as 2000 wafers from TSMC costs the same as 1500.

You need to remove all fabless revenue to make this a meaningful study.]]>Reading Between the Lines To Spot the Next Ciscohttp://seekingalpha.com/article/35212-reading-between-the-lines-to-spot-the-next-cisco?source=feed#comment-85965
85965nyquistcapital.com]]>Fri, 11 May 2007 14:07:16 -0400nyquistcapital.com]]>Reading Between the Lines To Spot the Next Ciscohttp://seekingalpha.com/article/35212-reading-between-the-lines-to-spot-the-next-cisco?source=feed#comment-85911
85911The answer is pretty simple. The inventory is still there, it just isn't at Cisco. It's sitting on the supplier shelves as they now have to stock buffer inventory so their customers can have lean inventory. Worse yet, it is sitting on a distributor shelf and the supplier is paying points for it.]]>Thu, 10 May 2007 19:58:47 -0400The answer is pretty simple. The inventory is still there, it just isn't at Cisco. It's sitting on the supplier shelves as they now have to stock buffer inventory so their customers can have lean inventory. Worse yet, it is sitting on a distributor shelf and the supplier is paying points for it.]]>